Manutan International Balance Sheet Health
Financial Health criteria checks 6/6
Manutan International has a total shareholder equity of €558.9M and total debt of €21.3M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are €787.1M and €228.2M respectively. Manutan International's EBIT is €65.3M making its interest coverage ratio 355.1. It has cash and short-term investments of €109.9M.
Key information
3.8%
Debt to equity ratio
€21.27m
Debt
Interest coverage ratio | 355.1x |
Cash | €109.90m |
Equity | €558.91m |
Total liabilities | €228.22m |
Total assets | €787.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MANP's short term assets (€434.7M) exceed its short term liabilities (€196.7M).
Long Term Liabilities: MANP's short term assets (€434.7M) exceed its long term liabilities (€31.5M).
Debt to Equity History and Analysis
Debt Level: MANP has more cash than its total debt.
Reducing Debt: MANP's debt to equity ratio has reduced from 9.1% to 3.8% over the past 5 years.
Debt Coverage: MANP's debt is well covered by operating cash flow (269.3%).
Interest Coverage: MANP's interest payments on its debt are well covered by EBIT (355.1x coverage).